THE COMMISSION

Innovation and Fintech support

The JFSC encourages innovation in the financial services industry. We do this by:

Providing help for innovative businesses to understand how the regulatory framework applies to them and their proposed products and services

Listening to and engaging with industry, considering relevant policy where appropriate to foster the development of innovative products or services

Working to ensure a technologically neutral regulatory regime wherever possible

Working closely with key stakeholders, including the States of Jersey, industry bodies, and international standard setters to ensure that Jersey is well placed to respond quickly to new innovations in financial services

The JFSC actively monitors Fintech developments and the potential regulatory implications. Some examples of the JFSC's work on Fintech include, amongst others:

Other useful contacts

A number of other agencies in Jersey provide guidance and support to new or innovative businesses. These include:

Digital Jersey - a Government and member funded development agency tasked with growing the digital economy in Jersey; the agency supports the public and private sector on-island, encourages skills development and markets Jersey as an attractive jurisdiction for inward investment by technology companies.https://www.digital.je

Jersey Business - provides free, independent, confidential advice and support to businesses in Jersey. They work with businesses at all stages of their commercial journey, from start-up through improvement, growth and exit.https://www.jerseybusiness.je